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Home My WebLink About1507 3. To plau anci corti~uou~ly k~ on the bu~;d~nys ~+v or hKeaf~er utwN on ~a~d tuwl and on all equ~pmsn~ and pe~sonally co+r.ed by tl+is morty~- age. witA all peen~umi tlurcon paid in {ull, fe~e i~sv~anc~ ~n ~he uiwt ~u~d~.d poiky fam, in • sum approved ty ~he ~~ORYGAGEE. and w~nde?am ~niu~~nc~ in tM uaual aund+.d ~.d~cy fam. ir+ s sum •~pro~.d by ~M MORTGAGEE. in wch compa~y o~ compan:~s a~ ~he PAORTGAGEE miy duec~; and a11 fi~a and w~nd?ro.nn iniu~a~Ka po~ic~ a? sny of u~~ beitd~nps, ~~y inrer~s~ rhe~ein a part ther~af, in tFN aAyreqa~s wm afaesa'i w in ~xceu thereo(, sAall contain tM usual s»ndNd mat9agee claus~ w iuch othe~ claua ai tM Mw~gagse ma; ~equi~~, makirg ths lo~s undc~ u~d po~t c~ei, e~cA and evHy, payabk q said MORTGAGEF a~ ~ts inee~esr may appea?, and each and avrry such pol~cy shall b~ p~omp~lY au ynrd and de+~ve~cd ~o ~ny ir.'~ by sa~d MORiGAGEE +s furthcr srtcurity ro said ma~flaQe dcbt, and, no~ leu tAan ~a~ (10; days ~ ad+ance of ~he aapiratien of ~ach po!:cy, ra de- i~ver ro said MORTGAGEE a renewai Ike~eof, togNh~t with a rrteipt fo~ tha p~tmiwn of suCh renewa:; ~++d ~M~e sAall Ea ro t~re o~ winustcrm intwance placed on ~ny of sa~d buildings. ~ny ;roereit ther~in a parl thtreof,•unleu in N~a foam and «~~h ~h~ loas pa~•able ai •faeuid; and in ihe cvmt any svm of e?wney becemes payable unde~ such policy or polKies iaid MORTGAGEE sAall Iwvs the opt~ ro ~eceive and apply rhe same on ac:oun~ of ~he incieb?ad~ neu secu~ed 1:rreby o~ lo permit said MORTGAGORS to receive and va~ it p any pa?t ~he+eof fw otn.:r pwposes. v+~inout th_~eui w,~i~i:~g o~ u~~pa~'- ~ng any equ~ty, lien w right under a by vi~tw of ihis mo::gaQe; and in the ~ve~~ s~~d MORTGAGORS shall fa any reason tail to keep the said prcmises so insurtd, or tai! ro delive~ promptly any of said policie~ of insurant~ to said IKORTGAGEE, a fail ptomptly ta pay fully an/ pre~nium lFKrefw or in ~ny respect fail 1o pt~fwm, d~uhuge, execut~, effo~l, complcls, comply wi~h a~d abide by tlw covenant, w any part hereof, said MORTGAGEE may p~ace a~+d pay for suth irtwrante w any part the~eof without waivinp ot affettinp any optiqy li~n, equity, or right under a by virtue o.` ihi~ Mwtgage, and tht tu1! amoum of each and every iuch payment ihall be im~ncdiately dw and payaWe ~nd shall bru inrerest from ths dat~ fhe~eof vn~it pad ai ~he r~+e ot n~ne pe~ cenwm pe~ annum and together wiih auch inte~est sMll be secured by th~ (ien oi this mortgage. 1. To permif, commit or su(fa no wure, impairmem p de~e~a~ation of sa~d property or any put ths~eof. 5. To pay all and singulu the costs, charges and expe~xs, including a ~easonable at:orney i fee sr+d costs of absvacts of tiNe, inc~rred o~ pa~d ae any time by said MURiGAGfE, because w in 1he event of the fa~lu~e on ~he part of the said MORTGAGOR Io duly, promptly and f~tly perfwm, d~scharge. e,crcute, effcc~, complete, comply w~th and ab:de by e~ch and every the st~pula~ions, ~greeme~ts, ca+ditans, and covcnants ol said promi:sory note and ~his mwtgage any or e~~he~. and sa~d costs, cfiu9es and expcnus, exh and every, sMll be irrwnediateiy due s~d pay~bie: whether w not there be no~~ce da mand, anemp~ tc colkct w suit pe~din9; and 1M full a~nount of each snd every such psyment shall bear interes~ from Ihe date thereof umil paid at the r.,re of n~ne oer cemum per an.wrn; snd all said costs, charg~, and expenses incurred a paid, togather w~th such interest, shall be ucured by the I~ o( thit monpsge. 6_ That (s) :n the event of any breach ~f this Morrgage or default on the part of the MORTGAGOR, w!b) in 1F?e evenl any of sa:d svms of money herein referred to be net promptly and fully psid within lhirty (30) days nexl afte~ tne same sevcralty become d~x and payable, withou~ dcmand o~ nol:ce, - or (c) in the event each and every the stipulatiwu, agresments, conditions arW covm~nts of sa~d promiswry note and th~s mortga9e any or eitFxr are nol iu:y, prompdy and futly pe~fwmed, d~uharged, executed, effected, completed, compl~ed w~th and abidrd ~ay, the~ io e~the~ w any such event the sa~d ag gregare wm menriw~ed in ssid promissory note tlxn rem~ining unpaid, wirh int~rest acuucd, and all moneys aecured hereby, ~hall become due and pay- ab~e foathwith, or thereafter, at the eprion of said MORTGAGEE, u fully and completcly as if all of the said sums of money wcre oriyinally stipu:afed ro be paid on such dsy, anything in ss~d prom~uory note or in this lNortg~ge to the contrary ootwithsrand~ng; and therrupon a thereaftK a~ ~he op~~on of sa~d MORTGAGEE, without nerica or demand, w~t at law or in eq~~ty, thcrefwe a thereafter b~yun, may be prosccuted as ii all mo~uys secured hereby ~.~d ma~ured prwt lo its institution. 7. That io rhe evcnt that at rhe beginning of w at any time pendi~g any su~t upon this Mortgage, w to foreclox it, w to reform it, w ro enforce paymem of any claims hereuode~, said AhORTGAGEE sMlt apply to the Cou~ F?aving jurisdK~ion fhereof for ehe appantmeM of a Receiver, such Cour~ shall Fo~~hwl~h appo~nt a rete~ver of said mortgaged property all and sengular, in~Jud~rg all and sin9ulu ~he ~ncome, prof~~s, iuues and revenues trom whatever so~rce de~ived, ~a~h and evcry oi which, it be~ng expreuly understood, is hereby morigaged as if spec~fically sN fonh and dcsuibed in the ~rinring and habendum dauses hereoi, and s~ch Receiver shall h~ve all ~he broad and effective funciwns and powers in anyw~u entrusted by a Cou~t to a Rcceiver, and s_ch appoinrment shall be msde by such Court as an admined rqu~ry and a matter of absdute right to sa~d MORTGAGEE, ~nd without reference to the edequacy w inadequxy of the vatue of the propaty mortgaged w b the solvency ~ insolver~cy of soid MORTGAGOR or the de~endants, and ~ha1 such re~,rs, profits, irxome, iuues and revcnues shall be apptied by such Receive~ according to the lien or equity of said MORTGAGEE and the prac~Ke of such Courf. 8. To d~ty, promptly ar+d fully perform, dixharfle, execute, effect, complete, c~mply with sad abide by each and evesy the stipuiations, agrcements, cundi~ions and covenams ~n sa~d promisswy note and t~a mwtgage xt fwth. 9. That in the evem the ownership of the mo~tga9ed premixs, or any pxt thereof, becomes vested in a penon other than tfie AAORTGAGOR, the h'.ORTGAGEE, its successas snd ass~gns, may, without notice to tne MORTGAOR, deal w~th such successo~ or successor in intcrest wirh relerence to thia n,o~~gage and the deb~ hereby secured in the same manne~ as with Mortgagor without in any way vitiating or dixharging the Mwtgagors liab~lity her~ ~~der or upon the debt hereby set~red. No ssle of the F~emixs hereby mwtgaged and no fwbesra~ce on the part of the MORTGA:aEE w its succcssws or ass'~gns and no extens~on of the time for the payment of the debt hereby secu.ed given by !he MORTGAGEE w its wcccssors w assigns, shall operate ro release, d~xhargc, modify change or affed the orig;nal liab:t;ty of the M10RTGAGOR herein, either in whole or in part. 10. It is spec~fically ag~eed that time is of the essence of this contrsct and that no wsiver of any obiigation hereunder or of the obligation sr cured hercby shatt at any time thereafter be held to be a waiver of the terms ~+ereof a of the instrvment secured herby. 11. In add;tio~ to the Fwego'ng mo~thly payments of princ'pal and interest required by the prom:ssory nore secured hereby, mortgagor covenants ,~.d agrres to pay to mortgagee w~~h each momhly paymen? an add~~ional sum esf~ma~ed by matgagee to be equal to 1 j12 of the annual cost of the follow- .r.g: . A--AII rral property t.xes kvie~ or asse3sed agai~st ihe abave described real estate. B-Pr.m~~ms on F~~e and windstorm inaurar.ce as F+ere~n reqv:red to be carried on the improvemeats situate on thr above desaibed p~emises. ' C-Premivms on such mwtgaqe guaranty insurance as mw~gagee shall fiom t~me ro time deem iit to carry on the loan secured hereby. Mortgagee shail from t]me to time notify :rw~tgagor in writ~ng of the az+ount dvr and payable hereunder and such wrn shalt tnereupon be due and ,~,ab!e o~ the due date of the next monthiy payment and each successive month tFxreafter uroil mortgsgee shall notify mortgagor of a change in such I~ s-»nr. Such sums sNail be appiied by mortgagee toNrard t~x payment of real propeny taxes, insurance pre:n:ums, and mortgage guaranty Gnsurance I , e ~n iumS. ~ IN \YITNESS WHfREOF, the w~d MORiGAGGR has hereur.to xt his hand and seal the day and year f" st aforesaid. ~ ' ned. Seaied and livered in e!x prese~ce of: ~ ~ ~ n ~ _ ~ , ' a~ C i ~a~ _ ~Seaq ~ S'ATE OF FLORIOA COUNTY OF St . Lt~ 1P ~ ~ d(~tl~.t ~ Befue me personally appeared Lowell 2•i. Anderson, single~and Chester W~ Anderson snd _ CatherirX L. Anderson~;s w~re, to me well known and kra,~m to me to be !!~e i~diriduals described in and who executed the fwegoing instrument, and adcnowledged btfwe me that they executed the same for the purposes ~n~~~~o ~xP.es:~a_ a~d rhe said Ca therine L ~nder son N~•'e of the said Chester I~r'. Anderson and Lowell ~1. An@ezson, S121c~1E' a~{il~~ a sepsrate snd private e.am~narion by me taicen xparate and apart from her said husband, atkrwwledged to and befo~e me that she executed said instrumen! freely and voiun- ~>~~:y and w:tFout sny compulsion, constraint, apprehens~on, ~eu of or r.«~ s.d ~u,~„d. Febiuar 73 ~ Y~ITNESS my hand and official sea! this ~ day of y /l D. 19 . / a < Notsry Publit in ~nd for the State Florida at Large ~ My Commiss'wn e:p'ues: ~ Retum To: NO'AR1r P~1rtt1r.. ~•.r~ -e el~,^,:^,~ a1 UR~f First Ftderal Savinys d. loan Assxiat~cn MY COl.lr./1S~'^?! [Xp;ZGS S~AT. ~ 1, j9Z3 ~ Of Fort P:erce. QO::n~l •'J Ffi=~ 1~. Dit;i_~y(M$j n fort Pierce. Florida ~ ' ~ 822 ~ ~ ihis Instrument Prepared By .;ohn W. Col l ins ~ ~ : ~ ' ' • ~ ~ : First Fede~al Savings b Loan Association ' ~ ~ of Fort Pierce , Florida ~rn "=~~~Of~ _ j . ~ lYCii. ..3i1N;T' ~t~. _ ~ ~JCi ~ f v;T~~S ~ _ _ _ _ - ` ~ Checked By ~l~ ~r~Ct~?R ~~t:.,~~T z01J~tT , ~ x~ , y. > -•FB • . . ~ M+~ 1 3 v3 PH'73 ;S ~ ~L~~~~1 ~~~i~5 ~ ~~y _ _ _ - - - - ~ ~ ~ ~ r L : , ~riz ~ ~ r ~t --3a -~a c~` .~a'~'~":'-:,.:~-. ¢o',.- . , ~~~.c~s.L.~y~"+-~